Italian Restaurant for sale - Six Figure Earnings!

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Italian Restaurant for sale - Six Figure Earnings!
Asking Price:
$700,000

Gross Revenue:
$1,067,591
Cash Flow:
$352,447
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Mama Mia! Italian Restaurant for sale in Colorado with over 1.3 million in sales! Established business with room to expand earning over a quarter-million dollar owner benefit!

Outstanding location half way between Colorado’s two largest cities puts Douglas County in an enviable position to attract business. The area is focused on being pro-business regulatory. This 2400 square foot facility seats 100 customers and has very attractive sales for the booming Metro Denver market area.

This Italian restaurant for sale is not just your ordinary Americanized Italian cuisine. ALL recipes are authentic dishes from family recipes, passed down through generations. When you walk in, the restaurant has a very homely feel, as if the owners have invited you to their house for a 5 course Italian dinner. They stand for family, community, and making amazing and authentic Italian food. This business gets terrific reviews on all the social media sites and has earned a 4 1/2 star rating from its many repeat customers. This is a proven concept, and the person with the right thinking could possibly open many more.

Owner benefit is at a whopping $270,000, which is almost unheard of. The current owner-operator runs his business tight and lives and dies by the numbers, resulting in an excellent income. This restaurant offered by the restaurant brokers provides something of a rarity on the market: a relatively new restaurant that also has very significant cash flow.

This Italian restaurant for sale has just recently expanded and sales are up from last year, not even counting the 40 seats just added. Nearby are large anchor stores and four to five hundred parking spaces, a busy intersection with 50,000 cars passing by each day. This restaurant is always packed. Fully equipped commercial kitchen has it all: pizza oven, large dough mixer, bakery case, cook line with reach in coolers, grill, oven, salamander, walk in cooler, and much, much more.

About the Business

Year Established:
2014
Number of Employees:
2 FT 20 PT
Real Estate:
Leased
Building Sq. Ft.:
3,000
Lease Amount/Mo.:
$10,800.00
Facilities:
Large Dough Mixer
Approx. 100 chairs
tables
walk-in cooler
Oven
Salamander
Stove
Reach in coolers
bakery case
shelves (metal)
bar stools (10)
Website:
www.wesellrestaurants.com
Market Outlook/
Competition:
Looking at Italian restaurants for sale? You're not alone! The Restaurant Brokers get lots of call for those buying a restaurant seeking the most favorite of Americans.
Growth & Expansion:
Colorado nature and beauty inspires buyers to seek a lifestyle with time outdoors enjoying every moment of daylight. Locals and tourists alike delight in the scenery from the snow covered slopes to a Rocky Mountain trail.
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About the Sale

Reason For Selling:
Health
Training/Support:
2 Weeks

Listing Info

ID:
1504521
Ad Detail Views:
236

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Business Listed by

Chris Gordon

We Sell Restaurants

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Sponsoring Broker:

Eric Gagnon
We Sell Restaurants

U.S. Census Data for Douglas County, CO
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Douglas County, CO
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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